The markets opened higher with the Dow gaining 51 points to 23,380 as first time applications for unemployment benefits rose less than expected. Nasdaq added 4 points to 6,567.
On the upside
Twitter (NYSE: TWTR) narrowed losses for the third quarter and said that it may post its first profitable quarter next quarter.
Spirit Airlines (Nasdaq: SAVE) reported better than expected earnings for the third quarter.
Third quarter earnings and revenue for STMicroelectronics (NYSE: STM) climbed to top estimates prompting the company to lift its full year forecast.
On the downside
Nokia (NYSE: NOK) widened losses for the third quarter as revenue fell.
Celgene (Nasdaq: CELG) reported higher third quarter earnings and revenue but the biopharmaceutical cuts its full year earnings outlook.
Brunswick (NYSE: BC) reported lower third quarter earnings that fell short of expectations.
In the broad market, advancing issues outpaced decliners by a margin of nearly 3 to 2 on the NYSE and by more than 3 to 2 on Nasdaq. The broader S&P 500 added 3 points to 2,560. Bitcoin surged $225 to $5,912.
